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$456,000

NAL Estimated Property Value

197 Lake Ridge Dr, Seguin, TX, 78155

$481,751 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,835 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.86 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Water Heater, Oven, Plumbed For Ice Maker, Cooktop
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size20,038 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1G-1750-0000-05400-000
Lot Number54
SubdivisionLake Ridge
Land UseResidential
Legal DescriptionLOT: 54 ADDN: LAKE RIDGE 0.4600AC
Census Tract210513
Assessed Land Value$63,112
Assessed Improvement Value$201,505
Assessment Year2025

About this property

The private neighborhood boat ramp is just up the street~ enjoy fun in the sun on wonderful Lake McQueeney! This lovely home has been thoughtfully updated, blending modern flair with comfort. The heart of the home features a spacious kitchen and dining area with expansive windows that bathe the space in natural light, perfect for entertaining or quiet evenings at home. The primary bedroom provides a tranquil retreat, promising restful nights with its serene ambiance and tasteful decor. Beautiful white oak like luxury plank flooring throughout the home, with tile in the bathrooms, no carpet to clean! Outside, the allure continues with a private pool, promising endless fun and relaxation under the shade trees. You can also relax, pest free, in the cozy screened porch. The property is located in a vibrant neighborhood that offers the charm of small-town living while being close to engaging attractions like local eateries, boutiques, and cultural landmarks, enveloping you in the best of both worlds. Drive a few minutes east to downtown Seguin and enjoy one of the highest rated BBQ joints in Texas. Drive a few minutes west and discover all that New Braunfels and Gruene have to offer. Easy access to Hwy 46 and IH-10. GVEC upgraded home to 400 Amp Service, including 2 separate 50 Amp outlets to charge EVs, and another 50 Amp outlet in the garage for hobbyists. Other items of note: 22 SEER HVAC in 2017, New Energy Efficient Triple Pane Pella windows, sliding doors, and exterior doors in 2017. 12 inches of blown cellulose in attic. Water softener, (tankless hot water heater with hot water loop in attic for instant hot water), Reverse Osmosis system for refrigerator. Pool is controlled by app on phone, Hayward Omni Logic, electric valves, lighting, laminar fountains, and pump controls. Mini split AC in the garage, bump out in garage for workbench or work out space, etc.

Investor Tools

Property Icon
$456,000
Estimated Property Value
$0Estimated Mortgage Balance
$456,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$481,750
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,096
$264,617
2025
$63,112
$201,505
$264,617
No

Tax History

Year
Tax Paid
Assessed Value
2023
$3,096
$264,617

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$456,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
N/A
+$1,631/mo
4.3%

City: Seguin

197 Lake Ridge Dr | Property Details | No Agent List